One of the reasons the Big Three don't do that is because it leaves them exposed to the many problems they essentially ignored for many years. It might also reveal something that the Big Three has not been famous for, owning up to mistakes. I know a few Tacoma owners that went right out to buy a new one after this PR winner.
"Toyota agreed --- and offered buyback deals for one-and-a-half times the vehicle's Blue Book value.
"Toyota really does need to step up here and extend that warranty beyond the vehicles that they've already covered to include any vehicles of theirs that has this kind of problem," Kane said.
In a written statement, Toyota told Team 5 Investigates that they've had only a small number of complaints and are investigating each one. They said, "using the information obtained from the Tacoma, we pro-actively investigate other vehicles of similar design and production elements." The company added, it "takes great pride in the durability and quality of our products.""
Can you imagine Dodge or Chevy or Ford doing this?
As the global economy becomes the deciding factor in purchasing, there can be overlapping problems. Toyota, Nissan and Honda have all had their issues this decade in particular. Pushing the envelope in transmissions, body components and increasing engine efficiency at the same time has it's drawbacks. Honda had some transmission problems with the V6 models awhile back, Toyota had a few as well. I doubt there are many Chevy truck owners that haven't heard the term "yeah, there's a bulletin out on that".
With Silverado production jumping up in Canada and Mexico, but All the losses coming back home, it's a complicated game out there now.